New Hampshire down payment assistance: check repayment before you apply

Start with the current program

New Hampshire Housing currently offers assistance options up to $15,000 through eligible mortgage programs. Its published down payment assistance uses a 0% second mortgage; it is not a blanket percentage-based grant. Read the current terms and confirm the available amount and compatible first mortgage with a participating lender.

Repayment may be required when you refinance, sell or otherwise trigger the terms of the assistance note. A zero interest rate does not mean the money never has to be repaid. Review the note, not just the initial cash benefit.

Eligibility requires more than a city or a credit score

Ask about household income, purchase-price and loan limits, first-time-buyer definitions, property type, occupancy and education. Different program tracks can have different limits, and limits can change. Use the current official documents for the actual property and household rather than an old county table.

If you have income from self-employment or outside the United States, ask how it will be documented and evaluated. No approval follows simply from living in New Hampshire or selecting an income range online.

Plan for the next move

Keep the assistance documents with your first-mortgage paperwork. Before a future refinance, request the assistance payoff or subordination requirements. Our contact form is a request for follow-up; it does not reserve program funds, run a credit check or issue a preapproval.